EOS (EOS)

The EOS project was launched by Dan Larimer and Block.One CEO Brendan Blumer in June 2018. Larimer, who is also the founder of the Steemit project, co-authored EOS’ whitepaper in 2017 with Brendan Blumer. Like Ethereum, it aims to become a decentralized computing platform that is focused on creating an ecosystem of decentralized applications, with the planned advantage of being able to process many more transactions than Ethereum. The project, which has nearly a billion tokens in circulation, raised $4 billion in its ICO, a development that was very notable for its time.

Despite the wide ranging goals of the platform, EOS has a strict focus on building comprehensive tools for enterprise development, allowing them to leverage the advantages of decentralized technology without having to worry about security, stability and performance. Decentralized storage is also an important aspect of the project’s development goals. Based on the InterPlanetary File System (IPFS), the storage feature would allow anyone to access data stored on the network via a web browser. This is also important in the context of dapps, which can use the storage system to store data.

EOS differs from Ethereum in that it operates on a delegated Proof-of-Stake consensus protocol. The token itself is used in on-chain governance and users can use this to vote for EOS’ 21 block producers, who earn tokens for validating transactions.

The project has since moved strictly into a research and development mode, with Blumer saying that “great things take time”

Hello everyone, so every Sunday we hold a public meeting in our discord channel to go over some of the things we’ve been working on in the back as well as to talk about some of the content that have been posted on Discussions. If you would like to...

Bitcoin SV, EOS, Tron, Monero and ethereum classic is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin SV/USD Bitcoin SV is at $110.29 at 9:30 PM GMT, with a loss of -7.35% in its price in the previous 24 hours. Bitcoin SV wit...

Bitcoin SV, EOS, tron and monero is on a downtrend, while ethereum classic is on a uptrend. Here a price analysis of five cryptocurrencies. Bitcoin SV/USD Bitcoin SV is at $120.00 at 10:00 PM GMT, with a loss of -3.75% in its price in the previous 2...

Bitcoin SV, EOS, monero, tron and ethereum classic is on a uptrend. Here a price analysis of five cryptocurrencies. Bitcoin SV/USD Bitcoin SV is at $118.08 at 8:46 PM GMT, with a gain of 14.16% in its price in the previous 24 hours. Bitcoin SV with i...

Image Source Due to the many risks associated with using centralized cryptocurrency exchanges (CEX) one would wonder what steps have been done by CEX operators to mitigate them. Truth be told many CEX operators have been seeking ways to ensure t...

After the recent MakerDAO incident, I thought about EOS and why and how it could take over the DeFi market. EOS is without a doubt better fit for DeFi than most other blockchains.Because it scales What we have Here are the projects I know about...

Bitcoin SV, EOS, tron and monero is on downtrend, while ethereum classic is on a uptrend. Here a price analysis of five cryptocurrencies. Bitcoin SV/USD Bitcoin SV is at $112.84 at 8:00 PM GMT, with a loss of -4.26% in its price in the previous 24 h...

What is EOS? EOS was born in 2017 to offer services such as database, authentication and to simplify the development of new dApps. It was initially an ERC20 token and therefore relied on the Ethereum blockchain. Once the mainnet was launched, the tok...

Bitcoin SV, EOS, Monero, tron and ethereum classic is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin SV/USD Bitcoin SV is at $121.54 at 8:15 PM GMT, with a loss of -36.61% in its price in the previous 24 hours. Bitcoin SV wit...

Fundstrat's Tom Lee was one of the protagonists of the Blockchain Economy 2020 event in Istanbul, Turkey. Lee kept his argument, which lasted about half an hour, on the second day of the event. The American analyst opened his speech starting from the...